Fed Discount Window Weekly Update
This week’s Primary Credit activity at the Fed’s Discount Window:
This week’s primary credit balance was $6.9 billion, up from $6.8 billion a week ago.
We expect that once the Fed begins to lower its Fed Funds Rate it will do so rapidly. The Central Bank will have Fed Funds back in the 0-2% range during 2025 to help the large banks reinflate their fixed income investment portfolios - Bank of America (ticker: BAC), being the bank with the largest unrealized loss position - $115 billion as of June 30th.
Federal Reserve Balance Sheet: Factors Affecting Reserve Balances - H.4.1: https://www.federalreserve.gov/releases/h41/current/